Finance Supervisor, Global Supply Chain - Diagnostics

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution.
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments, and informatics systems is often the first step in patient care decision-making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Our Lake Forest, Illinois location currently has an opportunity for a Financial Supervisor, Global Supply Chain for our Diagnostics division.

Finance Supervisor, Global Supply Chain role provides a unique opportunity to gain experience and insight into the Core Diagnostics Global Supply Chain Organization and is a key member of the Global Manufacturing Operations Finance team. This role acts as a financial partner for the Global Purchasing organization and is the financial subject matter expert on Third Party Manufactured (TPM) Reagents, with Financial Planning & Accounting responsibilities, including Standard Cost development and analysis, operating variance analysis and inventory analysis.

Additional financial responsibilities include analytics and presentation development during the Abbott planning cycles, month end close accounting entries, variance analysis and support for significant on-going business decisions. Additionally, as a Headquarters role, this position offers an international perspective with responsibility for the global consolidation of Supply Chain financial data.

• End-to-end Standard Costing for Core Dx TPM Reagents, including development of fully burdened standards, cost change analysis, development and delivery of presentation for management review.
• Ownership of P&L and Balance Sheet forecasting and reporting cycles through close communication with our business partners in Global Purchasing and Global Demand Planning. This role supports >$500 Million in annual purchases and serves as the Finance expert and “go-to” person for these key areas.
• Drive value-added insights through the preparation of various management presentations, financial modeling, financial analyses, and related consultation to senior divisional management in planning and achieving short- and long-term financial objectives.
• Review and drive Actual financial data during month-end close, including journal entry preparation, variance analysis and month end reporting.
• Lead the global consolidation of Supply Chain financial data, including high-level commentary.
• Preparation of monthly foreign currency purchase forecast to support Treasury hedging activities.
• Lead analyst to support external financial audit requests for US Distribution.
• Other P&L/Balance Sheet analysis as needed.

• Bachelor's degree with concentration in accounting or finance.
• 4–6 years of Finance/Accounting experience.

• Prior cost accounting and/or financial planning experience preferred.
• Prior experience with Symphony/SAP and TM1 (or similar financial planning systems).
• Demonstrated ability to provide data and analysis to support decision making, methodical approach to problem solving and rational ideas supporting them, ability to keep learning and to teach others, traditional accounting knowledge and facilitator of management needs, streamlining functions within the department and an efficient work ethic.
• Strong written and verbal communication; ability to communicate technical accounting concepts clearly and concisely with non-finance partners.

Learn more about our benefits that add real value to your life to help you live fully:

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

The base pay for this position is $86,700.00 – $. In specific locations, the pay range may vary from the range posted.